Features of Application of Relevant Approach in Decision Making to Participate in Tender for Assessment of Land

Authors

  • G.S. Klychova
  • L.N. Safiullin
  • А.S. Klychova

Abstract

The paper describes the features of relevant approach for decision making to participate (or not participate) in a tender for appraisment of land. The basis of this approach is the following: the greater is the number of non-won tenders, the greater is the amount of irrelevant costs, and company operations are less effective. Thus, the approach to use relevant and non-relevant indicators should be applied not to a particular tender, but at once to a group of tenders. This transforms the traditional notion of relevance and suggests that in certain situations the irrelevant costs are unchanged, and the presence of a negative relevant result, as to one of the orders, does not lead to the automatic rejection of its execution.

DOI: 10.5901/mjss.2014.v5n18p183

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Published

2014-08-27

How to Cite

Klychova, G., Safiullin, L., & Klychova А. (2014). Features of Application of Relevant Approach in Decision Making to Participate in Tender for Assessment of Land. Mediterranean Journal of Social Sciences, 5(18), 183. Retrieved from https://www.richtmann.org/journal/index.php/mjss/article/view/3666

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